James LaughlinHigh-performance leadership and executive coach. Covering all aspects of life and career.

David Seymour: The real reason YOU ARE POOR! #leadershipdevelopment #leadership #government

1 Sept 2023 · 1 min

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0:36

This is a spoken excerpt from a YouTube video (uploaded Sept 1, 2023) where David Seymour asks what the essential role of government is and argues that much current government activity—especially heavy regulation—unnecessarily costs New Zealanders. He claims many laws/regulations impose compliance burdens that divert time from productive work, duplicate costs, and reduce national prosperity.

Chapters

What is the role of government? So what are the things that if government didn't do, nobody else would and we'd be worse off for it? I think there's a lot of stuff that government's currently involved in doing that it doesn't need to do and actually cost money twice, once through funding the people to do it, and second of all through the effects of it. So I look at the regulatory space. You know, the government has laws and regulations up the wazoo, produced at an enormous rate, and all it does is it actually reduces New Zealand's prosperity because people find themselves spending more time in compliance activity, less time in productive activity, and we're poorer as a result.